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Bolton Clarke to partner with Chinese real estate giant to tap into rising seniors’ market

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The Not-for-profit's, Chinese subsidiary, RDNS Hong Kong is to provide advisory services to the Yango Holding Group for the Tianhui Senior Living Community redevelopment, in Shanghai.

The company's foray into China is as a member of Queensland-based, senior living and aged care consortium, the Australian Silver Industry Group.

The five companies are:

  • Thomason Adsett - architech and design.
  • RDNS - a subsidiary company of Bolton Clarke.
  • CISTRI - planning and design consultants.
  • Gleeds - property and consultancy.
  • Tunstall Healthcare - experts in technology enabled care services.

QLD Deputy Premier, Jackie Trad says; “To-date, ASIG activities have helped to generate leads resulting in $8.6M in export deals for the consortium members, with a further pipeline of $80M of further projects under negotiation.”

In May, Bolton Clarke signed an agreement with Yango to partner on eight continuing care retirement community sites.

By 2022, RDNS Hong Kong will commission and manage up to 5,000 residential aged care beds in Shanghai – starting with the Tianhui Senior Living Community redevelopment, which includes 120 independent living apartments, 10 residential aged care beds and an on-site clinic.

Bolton Clarke Group CEO Stephen Muggleton says; “Being part of ASIG has been a game-changer, because individually the competitiveness of Australian operators has in the past been constrained by the sheer breadth and scale of capability required for projects on such a scale.”

Last November, ASIG signed a Memorandum of Understanding (MoU) with the Beijing Association for Senior Care Industries, providing access to 300 companies in China’s aged care sector.


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